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25Apr 2017

Whilst bankruptcy has various financial impacts, it certainly doesn’t mean the end of the world. Many people file for bankruptcy for numerous reasons, and this amount only increases with the difficult economic conditions that we encounter today. According to data from the Australian Financial Security Authority (AFSA), there were 7,466 cases of bankruptcy in Australia […]

05Apr 2017

Too many bills? Too much debt? Not nearly enough money? Many people struggle financially at some point in their lives. Uncontrolled incidents like hospitalisation, losing a job, as well as divorce, can severely transform your financial condition. Yet, when there is no other way to adequately manage your debts, some individuals are forced to file […]

28Mar 2017

Personal bankruptcy is never the preferred situation to be in, however many people find relief in dealing with their financial troubles and starting afresh. No one is perfect, and people make mistakes. Yet a lot of people hold off filing for bankruptcy for far too long. They choose to ignore the elephant in the room […]

24Mar 2017

Everybody passes through strenuous times in their life. Job loss, serious illness, and unplanned pregnancies are just a few of these. A leading reason why these incidents are so traumatic is because financial troubles are usually accompanied with them. In most cases, financial difficulties are the leading cause of divorce, and conversely, divorce can be […]

22Mar 2017

For most people, Christmas is considered the most joyful time of year for both young and old. We all are delighted to wrap up the year of work or school and enjoy some quality time with family and friends. They don’t refer to it as the silly season for nothing either. Eating and spending too […]

10Jan 2017

Any time individuals stress over Bankruptcy, they fret about how it will affect their day-to-day lives, and whether they will be able to keep their home, car, tools, and other important belongings. One of the ways that we can figure this out is by utilizing the insolvency means test. It is something that we take […]